ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.

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ARC Resources Ltd > There’s the 52 week High Qunit!

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Comment by Quintessential1on Jan 08, 2025 10:34am

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Post# 36394116

RE:RE:RE:RE:RE:There’s the 52 week High Qunit!

For sure BigJake. I like the new 52 week highs too and to be fair they are actually like 10 year highs as the share price hasn't been higher than this since 2014.

A way different makeup of the company now post VII merger as it sits at 40% liquids now but it is interesting to note that the latest buzz is that NG is the 2025 commodity in the O&G sector with LNG Canada coming online and Europe buying up as much US LNG as it can get it's hands on.

So while your point of ARX being way better valued now because it is liquids rich, (especially when that liquid is condensate), it may be the old stallward, NG, that got ARX the VII liquids in the first place, that gives ARX the extra kick back to the ATHs of the premerger days.

Condy and NG a one-two combination punch for accelerated performance!

GLTY and ALL ARX BULLS

BigJake wrote:
Quintessential1 wrote: No worries jake ATHs = All Time Highs.

I believe ARX's were in 2008 at $34.47 per share. I can't wait to be there again soon.

GLTY and ALL ARX BULLS

BigJake wrote:
Quintessential1 wrote: Yup and I expect them to just keep coming but I was looking for ATHs.

That would be in the $34.47 / sh range and like you said maybe after earnings.

If not then, then after LNG Canada opens and ships? EOY?

I think that put the kybosh on a triple top too but if you still want to worry a H&S is always possible but with all these tailwinds in the start of the NG season I doubt one will materialize.

Think happy thoughts and recall that some analysts still have ARX as a takeover target.

Are there any price targets in mind for accepting a takover bid say $35 per share cash?

~ $8 / share cash or ~30% in lieu of a 1 year wait?

I don't think we have to worry about the 250k inclusion rate anymore but maybe all stock deal is better?

GLTY and ALL ARX BULLS

ReitsRus wrote: Too bad we couldn't hold on to $27.74 but they all bled off but still closed 52 Week high. I see close to over just over $30 after Q4 Earnings!

Excuse my ignorance but what does ATHs refer to

Thanks Quint, I find these all time highs more interesting now, very different company than 2008, twice the production and liquids rich. The thing that remains the same is very solid management.